enjoy subprime lending (Photo credit: @MSG)

This is a truly amazing story from the Guardian. It’s a MUST READ, in my view. Check it out!

via Sub-prime mortgages re-emerge in wake of Funding for Lending scheme | Business | theguardian.com.

As I read this article the following open question came to mind:

Why has the UK Government followed a flawed policy which risks the UK’s own Sub Prime crisis, like the US in 2008?

Any thoughts?

Related articles

• Sub-prime mortgages re-emerge in wake of Funding for Lending scheme (theguardian.com)
• Guardian strikes Dailymotion video deal | Media | theguardian.com (theguardian.com)
• theguardian.com is our new domain, as of today (theguardian.com)
• The cult of home ownership is dangerous and damaging – Adam Posen – FT.com (dralfoldman.com)
• …Tool collects ‘nearly everything a user does on the internet’ | World news | theguardian.com (aboriginalpress.wordpress.com)
• GCHQ accused of selling its services after revelations of funding by NSA | UK news | theguardian.com (inquiringminds.cc)
• What’s Goin’ On References (deniabrand.wordpress.com)
• NSA and GCHQ – too close for comfort | Nick Hopkins | Comment is free | theguardian.com (aboriginalpress.wordpress.com)